Birdsearn.cloud is a cryptocurrency token that promises investors high returns on investments made through its website. However, there are several reports online suggesting that the token may not be legitimate, leading to concerns among potential investors. In this article, we will review this company, including its overall company overview, services and products, trading platform, license, and regulation status.
Company Overview
BirdSearn.cloud appears to be a cryptocurrency token on the Ethereum network. It is an ERC20 token implemented as an Ethereum smart contract with the contract address 0x89fdec712527261df5b063416f49064cbda3f3b9.
There have been reports of a mysterious airdrop of 10,000 tokens in September 2022. However, there have also been posts on Reddit warning about potential scams related to BirdSearn.cloud and advising caution. It is important to do thorough research and exercise caution before investing in or accepting any airdrops of BirdSearn.cloud or any other cryptocurrency.
Team
Another aspect that raises a red flag is the lack of transparency when it comes to the team behind Birdsearn.cloud. The company does not provide any information about the person behind the operations. It is not clear who actually performs the airdrop or what are the minds working behind this token.
Services and Products
Birdsearn.cloud offers cryptocurrency tokens to its traders. The token tracker on Etherscan shows that the token’s total supply is 10,000,000,000 and there are currently 18,540 holders.
Trading Platform
Birdsearn.cloud’s trading platform is web-based. Though we are not sure how their platform work. There is no demo or example of their platform or process to buy the tokens.
License and Regulation
License Status
It seems that birdsearn.cloud is an unregulated platform. It is not clear who regulates or controls the use of this company, and there is no information about any licenses or regulations that the platform holds.
Regulation Status
Our investigation suggests that Birdsearn is not regulated by any reputable financial regulatory authority such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). The lack of regulation from a reputable body raises a considerable risk for investors, which is why the company is not trustworthy.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Why Should Not You Trust An Unlicensed Broker?
When you invest with an unlicensed broker, you run a considerable risk of losing your money or encountering other forms of financial fraud. Unlicensed brokers are not held up to the same standards as their regulated counterparts, and there is no oversight to ensure that they are operating in a fair and transparent manner.
Legal Warnings Against Birdsearn.cloud
There are warnings and reports of scams related to birdsearn.cloud. According to several Reddit posts, there have been reports of a mysterious airdrop of 10,000 tokens, which may be a scam. There are also warnings against engaging with unlicensed brokers like birdsearn.cloud, as there is a risk of losing money or being scammed.
Customer Feedback On Birdsearn.cloud
About Trading
There is no positive feedback regarding birdsearn.cloud’s trading platform. Customers were giving feedback about the complex token-buying process and the lack of proper monitoring. We already mentioned that in several Reddit forums, people are continuously complaining about being scammed and not getting the promised tokens.
About Customer Service
Regarding the customer service department, there is actually no customer service department. They only have a telegram group, where they reply when they wish.
How Can Reviewsadvice Help You If Birdsearn.cloud Scammed You?
If you have fallen victim to a Birdsearn.cloud scam, you should contact Reviewsadvice, a platform that offers expert advice and free consultations on investment fraud. Fxfarmupdate’s team can help you recover your funds from Birdsearn.cloud and provide you with the necessary legal support.
Final Thought
Birdsearn.cloud is an unlicensed online trading platform that has been linked to several fraudulent activities. Our investigation suggests that the company is not trustworthy and should be avoided at all costs. As an investor, it is essential to research any potential broker thoroughly before investing your funds to avoid falling victim to scams.
